메뉴 건너뛰기




Volumn 39, Issue 10, 2007, Pages 1223-1233

Investigating geography and institutions as determinants of foreign direct investment in Africa using panel data

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMETRICS; FOREIGN DIRECT INVESTMENT; INFLATION; PANEL DATA;

EID: 34447305450     PISSN: 00036846     EISSN: 14664283     Source Type: Journal    
DOI: 10.1080/00036840600567686     Document Type: Article
Times cited : (137)

References (65)
  • 1
    • 0038036161 scopus 로고    scopus 로고
    • Root causes: A historical approach to assessing the role of institutions in economic development
    • Acemoglu, D. (2003) Root causes: A historical approach to assessing the role of institutions in economic development. Finance and Development, 40, pp. 27-30.
    • (2003) Finance and Development , vol.40 , pp. 27-30
    • Acemoglu, D.1
  • 2
    • 0000979996 scopus 로고    scopus 로고
    • The colonial origins of comparative development: An empirical investigation
    • Acemoglu, D., Johnson, S. and Robsinson, JA (2001) The colonial origins of comparative development: An empirical investigation. American Economic Review, 91, pp. 1369-1401.
    • (2001) American Economic Review , vol.91 , pp. 1369-1401
    • Acemoglu, D.1    Johnson, S.2    Robsinson, J.A.3
  • 3
    • 0001225430 scopus 로고
    • Determinants of foreign direct investment: A survey
    • Agarwal, JP (1980) Determinants of foreign direct investment: A survey. Weltwirtschaftliches Archiv, 116, pp. 739-773.
    • (1980) Weltwirtschaftliches Archiv , vol.116 , pp. 739-773
    • Agarwal, J.P.1
  • 4
    • 0036137236 scopus 로고    scopus 로고
    • A multivariate cointegrated model testing for temporal causality between exports and outward foreign investment: The Spanish case
    • Alguacil, MT and Orts, V. (2002) A multivariate cointegrated model testing for temporal causality between exports and outward foreign investment: The Spanish case. Applied Economics, 34, pp. 119-132.
    • (2002) Applied Economics , vol.34 , pp. 119-132
    • Alguacil, M.T.1    Orts, V.2
  • 5
    • 49049140143 scopus 로고
    • Formulation and estimation of dynamic models using panel data
    • Anderson, TW and Hsiao, C. (1982) Formulation and estimation of dynamic models using panel data. Journal of Econometrics, 18, pp. 47-82.
    • (1982) Journal of Econometrics , vol.18 , pp. 47-82
    • Anderson, T.W.1    Hsiao, C.2
  • 6
    • 84881844837 scopus 로고
    • Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations
    • Arellano, M. and Bond, S. (1991) Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Review of Economic Studies, 58, pp. 277-297.
    • (1991) Review of Economic Studies , vol.58 , pp. 277-297
    • Arellano, M.1    Bond, S.2
  • 7
    • 0036139214 scopus 로고    scopus 로고
    • On the determinants of foreign direct investment to developing countries: Is Africa different?
    • Asiedu, E. (2002) On the determinants of foreign direct investment to developing countries: Is Africa different?. World Development, 30, pp. 107-119.
    • (2002) World Development , vol.30 , pp. 107-119
    • Asiedu, E.1
  • 9
    • 16544363079 scopus 로고    scopus 로고
    • Foreign firm entry in an open economy: The case of Portugal
    • Barbosa, N., Guimaraes, P. and Woodward, D. (2004) Foreign firm entry in an open economy: The case of Portugal. Applied Economics, 36, pp. 465-472.
    • (2004) Applied Economics , vol.36 , pp. 465-472
    • Barbosa, N.1    Guimaraes, P.2    Woodward, D.3
  • 10
    • 0004166831 scopus 로고
    • Data set for a panel of 138 countries
    • Barro, RJ and Lee, J-W (1994) Data set for a panel of 138 countries.
    • (1994)
    • Barro, R.J.1    Lee, J.-W.2
  • 11
    • 12344302410 scopus 로고    scopus 로고
    • On the link between Japanese ODA and FDI in China: A microeconomic evaluation using conditional logit analysis
    • Blaise, S. (2005) On the link between Japanese ODA and FDI in China: A microeconomic evaluation using conditional logit analysis. Applied Economics, 37, pp. 51-55.
    • (2005) Applied Economics , vol.37 , pp. 51-55
    • Blaise, S.1
  • 14
    • 0001438979 scopus 로고    scopus 로고
    • Initial conditions and moment restrictions in dynamic panel data models
    • Blundell, R. and Bond, S. (1998) Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87, pp. 115-143.
    • (1998) Journal of Econometrics , vol.87 , pp. 115-143
    • Blundell, R.1    Bond, S.2
  • 15
    • 0036293771 scopus 로고    scopus 로고
    • Foreign direct investment and growth in India: A cointegration approach
    • Chakraborty, C. and Basu, P. (2002) Foreign direct investment and growth in India: A cointegration approach. Applied Economics, 34, pp. 1061-1073.
    • (2002) Applied Economics , vol.34 , pp. 1061-1073
    • Chakraborty, C.1    Basu, P.2
  • 16
    • 0032780089 scopus 로고    scopus 로고
    • Dearth of private capital flows in sub-Saharan Africa
    • Chaudhuri, K. and Srivastava, DK (1999) Dearth of private capital flows in sub-Saharan Africa. Applied Economics Letters, 6, pp. 365-368.
    • (1999) Applied Economics Letters , vol.6 , pp. 365-368
    • Chaudhuri, K.1    Srivastava, D.K.2
  • 17
    • 3242662854 scopus 로고    scopus 로고
    • Foreign direct investment and income convergence
    • Choi, C. (2004) Foreign direct investment and income convergence. Applied Economics, 36, pp. 1045-1049.
    • (2004) Applied Economics , vol.36 , pp. 1045-1049
    • Choi, C.1
  • 18
    • 3543076503 scopus 로고    scopus 로고
    • Is foreign direct investment attracted to 'Knowledge Creators'?
    • Co, CY and List, JA (2004) Is foreign direct investment attracted to 'Knowledge Creators'?. Applied Economics, 36, pp. 1143-1149.
    • (2004) Applied Economics , vol.36 , pp. 1143-1149
    • Co, C.Y.1    List, J.A.2
  • 22
    • 0345436095 scopus 로고    scopus 로고
    • Foreign direct investment-led growth: Evidence from time series and panel data
    • De Mello, LR (1999) Foreign direct investment-led growth: Evidence from time series and panel data. Oxford Economic Papers, 51, pp. 133-151.
    • (1999) Oxford Economic Papers , vol.51 , pp. 133-151
    • De Mello, L.R.1
  • 23
    • 0346332952 scopus 로고    scopus 로고
    • Foreign direct investment in Turkey: Regional determinants
    • Deichmann, J., Karidis, S. and Sayek, S. (2003) Foreign direct investment in Turkey: Regional determinants. Applied Economics, 35, pp. 1767-1778.
    • (2003) Applied Economics , vol.35 , pp. 1767-1778
    • Deichmann, J.1    Karidis, S.2    Sayek, S.3
  • 25
    • 0036225223 scopus 로고    scopus 로고
    • Determinants of inward investment in the UK, a panel analysis
    • Driffield, N. (2002) Determinants of inward investment in the UK, a panel analysis. Applied Economics, 34, pp. 555-560.
    • (2002) Applied Economics , vol.34 , pp. 555-560
    • Driffield, N.1
  • 27
    • 0040153325 scopus 로고    scopus 로고
    • Africa's growth tragedy: A retrospective 1960-1989
    • Easterly, W. and Levine, R. (1997) Africa's growth tragedy: A retrospective 1960-1989. Quarterly Journal of Economics, 112, pp. 1203-1250.
    • (1997) Quarterly Journal of Economics , vol.112 , pp. 1203-1250
    • Easterly, W.1    Levine, R.2
  • 28
    • 0005122614 scopus 로고    scopus 로고
    • Tropics, germs and crops: How endowments influence economic development
    • mimeo, Institute for International Economics
    • Easterly, W. and Levine, R. (2002) Tropics, germs and crops: How endowments influence economic development. mimeo, Institute for International Economics
    • (2002)
    • Easterly, W.1    Levine, R.2
  • 29
    • 0346962828 scopus 로고    scopus 로고
    • The evolution of US outward foreign direct investment in the Pacific rim: A cross-time and country analysis
    • Filippaios, F., Papanastassiou, M. and Pearce, R. (2003) The evolution of US outward foreign direct investment in the Pacific rim: A cross-time and country analysis. Applied Economics, 35, pp. 1179-1787.
    • (2003) Applied Economics , vol.35 , pp. 1179-1787
    • Filippaios, F.1    Papanastassiou, M.2    Pearce, R.3
  • 32
    • 2342447452 scopus 로고    scopus 로고
    • Foreign direct investment in the UK: Evidence from a disaggregated panel of the UK food sector
    • Giulietti, M., McCorriston, S. and Osborne, P. (2004) Foreign direct investment in the UK: Evidence from a disaggregated panel of the UK food sector. Applied Economics, 36, pp. 653-663.
    • (2004) Applied Economics , vol.36 , pp. 653-663
    • Giulietti, M.1    McCorriston, S.2    Osborne, P.3
  • 33
    • 0032990460 scopus 로고    scopus 로고
    • Political instability, investment and economic growth in sub-Saharan Africa
    • Gyimah-Brempong, K. and Traynor, TL (1999) Political instability, investment and economic growth in sub-Saharan Africa. Journal of African Economies, 8, pp. 52-86.
    • (1999) Journal of African Economies , vol.8 , pp. 52-86
    • Gyimah-Brempong, K.1    Traynor, T.L.2
  • 35
    • 0036589047 scopus 로고    scopus 로고
    • The augmented Solow model and the African growth debate
    • Hoeffler, A. (2002) The augmented Solow model and the African growth debate. Oxford Bulletin of Economics and Statistics, 64, pp. 135-158.
    • (2002) Oxford Bulletin of Economics and Statistics , vol.64 , pp. 135-158
    • Hoeffler, A.1
  • 36
    • 16544380889 scopus 로고    scopus 로고
    • Determinants of foreign direct investment: Empirical evidence from EU accession candidates
    • Janicki, HP and Wunnava, PV (2004) Determinants of foreign direct investment: Empirical evidence from EU accession candidates. Applied Economics, 36, pp. 505-509.
    • (2004) Applied Economics , vol.36 , pp. 505-509
    • Janicki, H.P.1    Wunnava, P.V.2
  • 37
    • 12444251929 scopus 로고    scopus 로고
    • Foreign direct investment in southern Africa: Determinants, characteristics and implications for economic growth and poverty alleviation
    • mimeo, CSAE, Oxford
    • Jenkins, C. and Thomas, L. (2002) Foreign direct investment in southern Africa: Determinants, characteristics and implications for economic growth and poverty alleviation. mimeo, CSAE, Oxford
    • (2002)
    • Jenkins, C.1    Thomas, L.2
  • 38
    • 0036162866 scopus 로고    scopus 로고
    • Foreign direct investment, industrial restructuring and the upgrading of Polish exports
    • Jensen, C. (2002) Foreign direct investment, industrial restructuring and the upgrading of Polish exports. Applied Economics, 34, pp. 207-217.
    • (2002) Applied Economics , vol.34 , pp. 207-217
    • Jensen, C.1
  • 40
    • 12344300642 scopus 로고    scopus 로고
    • The core-periphery pattern of FDI-led growth and production structure in the EU
    • Kottaridi, C. (2005) The core-periphery pattern of FDI-led growth and production structure in the EU. Applied Economics, 37, pp. 99-113.
    • (2005) Applied Economics , vol.37 , pp. 99-113
    • Kottaridi, C.1
  • 41
    • 0036064368 scopus 로고    scopus 로고
    • Relationships between economic growth, foreign direct investment and trade: Evidence from China
    • Liu, X., Burridge, P. and Sinclair, PJN (2002) Relationships between economic growth, foreign direct investment and trade: Evidence from China. Applied Economics, 34, pp. 1433-1440.
    • (2002) Applied Economics , vol.34 , pp. 1433-1440
    • Liu, X.1    Burridge, P.2    Sinclair, P.J.N.3
  • 42
    • 0344237041 scopus 로고    scopus 로고
    • Technology sourcing versus technology exploitation: An analysis of US foreign direct investment flows
    • Love, JH (2003) Technology sourcing versus technology exploitation: An analysis of US foreign direct investment flows. Applied Economics, 35, pp. 1667-1678.
    • (2003) Applied Economics , vol.35 , pp. 1667-1678
    • Love, J.H.1
  • 43
    • 0033899065 scopus 로고    scopus 로고
    • Analysing the determinants of US direct investment in Mexico
    • Love, JH and Lage-Hidalgo, F. (2000) Analysing the determinants of US direct investment in Mexico. Applied Economics, 32, pp. 1259-1267.
    • (2000) Applied Economics , vol.32 , pp. 1259-1267
    • Love, J.H.1    Lage-Hidalgo, F.2
  • 45
    • 0001374405 scopus 로고    scopus 로고
    • Foreign direct investment in Africa: Policies also matter
    • Morisset, J. (2000) Foreign direct investment in Africa: Policies also matter. Transnational Corporations, 9, pp. 107-125.
    • (2000) Transnational Corporations , vol.9 , pp. 107-125
    • Morisset, J.1
  • 46
    • 4344650728 scopus 로고    scopus 로고
    • The effects of policy, institutions and geography on economic growth in Africa: An econometric study based on cross-section and panel data
    • Naudé, WA (2004) The effects of policy, institutions and geography on economic growth in Africa: An econometric study based on cross-section and panel data. Journal of International Development, 16, pp. 821-849.
    • (2004) Journal of International Development , vol.16 , pp. 821-849
    • Naudé, W.A.1
  • 47
    • 34447323442 scopus 로고    scopus 로고
    • Managing and developing human resources for attracting foreign direct investment in Africa
    • Naudé, WA and Krugell, WF (2003) Managing and developing human resources for attracting foreign direct investment in Africa. Management Dynamics, 12, pp. 2-12.
    • (2003) Management Dynamics , vol.12 , pp. 2-12
    • Naudé, W.A.1    Krugell, W.F.2
  • 49
    • 0000604269 scopus 로고
    • Biases in dynamic models using fixed effects
    • Nickell, S. (1981) Biases in dynamic models using fixed effects. Econometrica, 49, pp. 1417-1426.
    • (1981) Econometrica , vol.49 , pp. 1417-1426
    • Nickell, S.1
  • 52
    • 0347593849 scopus 로고    scopus 로고
    • Patterns and strategies of foreign direct investment: The case of Japanese firms
    • Park, KH (2003) Patterns and strategies of foreign direct investment: the case of Japanese firms. Applied Economics, 35, pp. 1739-1746.
    • (2003) Applied Economics , vol.35 , pp. 1739-1746
    • Park, K.H.1
  • 53
    • 0003945919 scopus 로고    scopus 로고
    • Shipping costs, manufactured exports and economic growth
    • Radelet, S. and Sachs, J. (1998) Shipping costs, manufactured exports and economic growth.
    • (1998)
    • Radelet, S.1    Sachs, J.2
  • 54
    • 0012094362 scopus 로고    scopus 로고
    • Trade policy and economic growth: A sceptic's guide to the cross-national evidence
    • MIT Press, NBER
    • Rodriguez, F. and Rodrik, D. (2001) Trade policy and economic growth: A sceptic's guide to the cross-national evidence. Macroeconomics Annual 2000, pp. 261-325. MIT Press, NBER
    • (2001) Macroeconomics Annual 2000 , pp. 261-325
    • Rodriguez, F.1    Rodrik, D.2
  • 55
    • 0026277717 scopus 로고
    • Policy uncertainty and private investment in developing countries
    • Rodrik, D. (1991) Policy uncertainty and private investment in developing countries. Journal of Development Economics, 36, pp. 229-242.
    • (1991) Journal of Development Economics , vol.36 , pp. 229-242
    • Rodrik, D.1
  • 56
    • 0037698342 scopus 로고    scopus 로고
    • The primacy of institutions (and what this does and does not mean)
    • Rodrik, D. and Subramanian, A. (2003) The primacy of institutions (and what this does and does not mean). Finance and Development, 40, pp. 31-34.
    • (2003) Finance and Development , vol.40 , pp. 31-34
    • Rodrik, D.1    Subramanian, A.2
  • 59
    • 0038374380 scopus 로고    scopus 로고
    • Institutions matter, but not for everything
    • Sachs, JD (2003) Institutions matter, but not for everything. Finance and Development, 40, pp. 38-41.
    • (2003) Finance and Development , vol.40 , pp. 38-41
    • Sachs, J.D.1
  • 60
    • 0031420541 scopus 로고    scopus 로고
    • Sources of slow growth in African economies
    • Sachs, JD and Warner, AM (1997) Sources of slow growth in African economies. Journal of African Economics, 6, pp. 375-377.
    • (1997) Journal of African Economics , vol.6 , pp. 375-377
    • Sachs, J.D.1    Warner, A.M.2
  • 61
    • 11844296828 scopus 로고    scopus 로고
    • Growth effects of foreign direct investment - Myth of reality?
    • MacMillan, Houndsmills
    • Stoker, H. (2000) Growth effects of foreign direct investment-myth of reality?. Foreign Direct Investment, pp. 115-137. MacMillan, Houndsmills
    • (2000) Foreign Direct Investment , pp. 115-137
    • Stoker, H.1
  • 63
    • 0035745249 scopus 로고    scopus 로고
    • On cross-country growth and convergence: Evidence from African and OECD countries
    • Tsangarides, CG (2001) On cross-country growth and convergence: Evidence from African and OECD countries. Journal of African Economies, 10, pp. 355-389.
    • (2001) Journal of African Economies , vol.10 , pp. 355-389
    • Tsangarides, C.G.1
  • 64
    • 34447301639 scopus 로고    scopus 로고
    • United Nations Conference on Trade and Development
    • United Nations Conference on Trade and Development (2003)
    • (2003)


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.